SOURCE: Petz Enterprises, Inc.

August 28, 2007 18:25 ET

"What Happens In Vegas..." Goes Home, Too as Jackie Pickett of Super Fast Tax Service Wins Briefcase Containing $1000 Cash at Las Vegas IRS Tax Forum

TRACY, CA--(Marketwire - August 28, 2007) - At the just-concluded IRS Tax Forum in Las Vegas, Jackie Pickett of Super Fast Tax Service, Mount Vernon WA won a briefcase containing $1,000 in cash -- plus, of course, a Form 1099 to be included in this year's tax return!

For the fifth consecutive year, Petz Enterprises, Inc. raffled off a briefcase containing 1,000 one-dollar bills. According to Ms. Pickett, "Being a user of PEI's CrossLink software has really helped my tax business -- and now they've put an extra $1,000 in my pocket. Many thanks to Petz Enterprises for helping make my visit to Las Vegas both memorable and profitable."

The Las Vegas IRS Tax Forum was attended by more than 4,700 tax preparation professionals. Forum attendees learn about new tax laws and regulations; gain educational units for credentials; and view hundreds of new products for tax preparation offices. Anyone who stopped by the Petz Enterprises booth was eligible for the prize. No purchase was necessary.

Tax Professionals Prepare Returns Faster, Improve Services with New Internet-Based V-Tax™ and Crosslink® from Petz Enterprises, Inc.

According to Charles Petz, Vice President for PEI's Professional Services Division, "PEI's Crosslink® line of professional tax software products is being demonstrated at the IRS Nationwide Tax Forums. This year's version features a Spanish version of the client letter to help preparers serve the rapidly growing Hispanic market. Crosslink also features support for the 1040-NR, to be completed by nonresident aliens in the United States on work visa. We have made significant modifications to the CrossLink report generator for creating custom reports, have expanded capabilities to prepare city tax returns, where required."

PEI's V-Tax™ upgraded for 2007/08, RAL checks now written instantly

V-Tax™ is the world's first online software designed exclusively for professional tax preparers serving large numbers of individuals from multiple locations.

"V-Tax is fully hosted, rather than an Application Service Provider (ASP), with all data stored at a central, secure server in Tracy, California. There is no risk of client data being lost or compromised if an office is broken into, or destroyed through flood, hurricane, or similar catastrophe," explained Mr. Petz.

"In addition to the inherent speed and ease of use offered by the Internet," Mr. Petz continued, "tax preparers now offer refund loans and print checks instantly. V-Tax login and password allows the tax preparation organization to access customers' returns from any computer with a connection to the Internet. Long hours of multi-system software installations, frequent calls to customer service and high levels of frustration are completely eliminated by V-Tax," he concluded.

PEI enhanced professional products

The experience gained by Petz Enterprises, Inc. developing, testing and delivering the highest quality online tax preparation tools resulted in TaxBrain.com®, the largest independent Internet-based tax service in the United States. Utilizing that knowledge and experience, PEI adapted V-Tax to the needs of the professional tax community capitalizing on the speed, accuracy and low-cost benefits of the Internet.

About Petz Enterprises, Inc.

Petz Enterprises, Inc. founded in 1974, is a closely-held California corporation and a software development company providing solutions for the professional and consumer markets, helping to automate and simplify federal, state and local tax compliance. PEI's Crosslink® and V-Tax™ professional tax software products enable practitioners and service bureaus to accurately prepare and file large volumes of individual tax returns. QuickAccess® allows government, retirement and payroll to be directly deposited into a trust account, authorizing the accounting professional to print checks instantly. For more information, visit www.petzent.com.

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